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Reply to "Which stocks and funds are you buying?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm of the mind set that when the market drops you buy. SO for those that are buying...which individual stocks, ETFs, etc.. are you buying? I'm currently in NVDA, BKSY and LCID. [/quote] You think we are coming back from this soon and this is a temporary blip, right? lol. No. I’m buying SOXS, UVIX and CARD these last few days. Triple inverse ETFs. We are fked for months maybe years or even decades. Trump is taking on the world and we have decimated our soft and hard power. We look fking insane and idiotic.[/quote] LMAO. You have been pushing reverse ETFs all over this forum. GTFO[/quote] I wouldn’t buy reverse ETFs, too much counter party risk. Go read up on auction rate securities and how some of the smart shorts in GFC went bust because their counterparties couldn’t pay up. But you are probably young, under 50, and only known an economy where the Fed could come galloping in and slash rates and QE and bail out investors. That era is over. We may rebound. Tariffs may be rolled back in a week. No one knows. But the “every drop is stocks on sale” is a dangerous mindset. [/quote] We are not "rebounding Tariffs are not going away. No companies are building anything ie warehouses or factories in the US in the next 20 years. Recessions tend to do that.[/quote] You might want to recalibrate your crystal ball and reduce screen time.[/quote]
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